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Financial
Distress signals
Property profile

1968 Gause Blvd Slidell, LA 70461

FOR LEASE
Other commercial real estate
Property ID
US36-0255589
4,986 SF Built 2010
Last sale Dec 2022 · $1,591,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a Sonic Drive-In restaurant located at 1968 Gause Blvd in Slidell, Louisiana, and has been operated at the site since 2016. It is configured as a quick-service restaurant with frontage on U.S. Route 190, a high-traffic roadway (reported at approximately 21,000 vehicles per day), and is situated about one-half mile from Interstate 10. The surrounding area includes quick-service restaurants, medical centers, schools, Walmart Supercenter, and Lowe’s. The site is part of the New…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$45k
Assessed land$23k
Assessed improvement$22k
Effective rate16.73%

Value estimate

· Oct 2026
$1.25M
$1.12M – $1.37M
AI approach$1.22M
CAP approach$795k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 26.28% cap applied$24k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$38 – $126
Qualifying comparables6

Cap rate analysis

How does the asset earn?
26.28%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAINT TAMMANY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.2
Building Supply22.5
Restaurant20.0

Location

1968 Gause Blvd Slidell, LA 70461
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2800 Gause E, Slidell, LA 70461-4247 $800,000 Oct 2024 4,651 SF
1000 Caruso Blvd, Slidell, LA 70461-3515 $226,686 Dec 2022 5,533 SF
798 I 10th Service, Slidell, LA 70461-5502 $3,000,000 Sep 2022 5,224 SF
40167 Hwy 190th E, Slidell, LA 70461-2401 $950,000 Sep 2022 5,800 SF
158 Military, Slidell, LA 70461-4157 $565,000 May 2022 5,430 SF
2990 Gause E, Slidell, LA 70461-4248 $595,000 Mar 2022 5,206 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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